PPP Loan information for Boston bit labs, inc.

$187,474

Boston bit labs, inc. was initially approved for PPP Loan of amount $187,474, the current approved amount is $187,474. The loan was approved on 02/27/2021 by The Eastern Bank reported 7 jobs and $187,474 was used to fund payroll.

Boston bit labs, inc. is Existing or more than 2 years old

PPP Loan Search / MA / Salem / Boston bit labs, inc.

BOSTON BIT LABS, INC.

Date Approved

02/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BOSTON BIT LABS, INC.

Borrower Address

50 Saint Peter St

Borrower City

Salem

Borrower State

MA

Borrower Zip

01970-4062

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187474.00

Current Approval Amount

187474.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

ESSEX

Project State

MA

Project Zip

01970-4062

CD

MA-06

Jobs Reported

7

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

187468.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

189255.00

Forgiveness Date

02/08/2022

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